Category: crypto
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Senators Warren, Merkley to headline national call opposing Trump’s GENIUS Act
Progressive group Our Revolution is organizing a national call to oppose the GENIUS Act, which they believe would benefit crypto billionaires and Trump’s inner circle. Senators Warren and Merkley will lead the event, discussing concerns about the legislation legalizing untraceable crypto donations and potential conflicts of interest with Trump’s Middle East trip. The group aims…
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USDT supply surpasses $150 billion as stablecoins outpace mainstream giants Visa, PayPal
Tether USD (USDT) has exceeded $150 billion in circulation, leading stablecoins with over $521 billion in weekly transfer volumes in 2025. Tether attributes its growth to global demand from 400 million users. Stablecoins outpace Visa and PayPal, with Visa adapting by tokenizing fiat currencies and Mastercard tokenizing transactions. PayPal’s stablecoin, PYUSD, has seen increased adoption.
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Coinbase makes history with S&P 500 induction, reinforcing crypto’s arrival in mainstream finance
Coinbase has made history by becoming the first and only crypto company to be added to the S&P 500. CEO Brian Armstrong confirmed the news, stating that it validates the industry’s staying power. This milestone reflects the maturation and resilience of the crypto sector, with Coinbase now among America’s 500 most valuable publicly traded companies.
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Short squeeze propels Bitcoin past $100,000 with funding rates growing
CryptoSlate Alpha is a membership program that requires purchasing a membership NFT using the SOL token on Solana. Connecting a Solana wallet is necessary for the purchase. By buying the membership, users agree to the terms of their wallet provider and the Access Foundation. CryptoSlate is not responsible for the digital wallet’s security or legality.
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Ethereum outshines Bitcoin with surprise rally past $2,500
Ethereum has surged 42% in the past week, surpassing $2,500 for the first time since March. This breakout has led to over 60% of Ethereum addresses being in profit, signaling renewed investor confidence. Factors such as technical upgrades, institutional backing, and global tensions easing are driving Ethereum’s outperformance.
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Trump family-backed Bitcoin reserve company American BTC to go public this year
American Bitcoin, a subsidiary of Hut 8 linked to the Trump family, will go public through a merger with Gryphon Digital Mining. The combined company will trade on Nasdaq as “ABTC” in Q3 2025. Eric Trump is the chief strategy officer, and Donald Trump Jr. is also involved. The goal is to build a Bitcoin…
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Strategy and Metaplanet purchase combined 15,000 BTC for nearly $1.5 billion as Bitcoin rallies
Bitcoin’s price is rising as macroeconomic pressures ease, attracting interest from institutional investors. Japan’s Metaplanet and US-based Strategy recently bought large amounts of Bitcoin, increasing their holdings significantly. Metaplanet now holds more Bitcoin than El Salvador, with a growing conviction in the digital asset. Strategy, led by Michael Saylor, has also stacked up a large…
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Pi Network’s market cap leaps $7 billion as token skyrockets 110% in a week amid market buzz
Pi Network’s token has seen a significant increase in value, rising over 110% in just one week to reach a market capitalization of nearly $11 billion. This growth is driven by positive market sentiment and speculation surrounding an upcoming ecosystem announcement. However, industry skepticism and concerns about a large volume of token unlocks remain.
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XRP outperforms crypto market with 10% jump as open interest surges past $5B
XRP has surged over 10% in the past 24 hours, reaching $2.59, its highest price since March. This rise triggered over $20 million in liquidations across derivatives platforms. XRP’s open interest in futures has increased, signaling growing trader confidence. The surge is attributed to legal victories, institutional interest, and potential ETF approval.
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AI search startup Perplexity on track for massive $14 billion valuation – WSJ
Perplexity, an AI search startup, is in talks to raise $500 million, valuing the company at $14 billion. The funding round may be led by Accel and Nvidia. Perplexity’s growth is driven by its unique search technology, attracting users seeking fast, reliable search alternatives. Apple integration and potential crypto integrations are also on the horizon.